Facing dearth of passengers, leisure airline ramps up plan to fly packages for Amazon [CNBC]
Amazon.com, Inc. (AMZN)
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Source: CNBC
A Prime Air cargo plane, operated by Amazon.com Inc., sits on display with other passenger jets during the 53rd International Paris Air Show at Le Bourget, in Paris, France.Jason Alden | Bloomberg | Getty ImagesAs millions of would-be travelers stay home because of the coronavirus pandemic, one airline has found an eager customer:Sun Country Airlines, anApollo Global Managementstruck a deal last December to start flyingBoeingPassenger demand is down 95% at Sun Country from what was expected just a few months ago, echoing similar declines throughout the U.S. air travel industry, so the additional cargo business is welcome. The operation will begin with its first plane on May 7.While Sun Country's plans to fly dedicated planes for Amazon started last year, other airlines are now turning to air cargo as they face a dearth of passengers.AmericanDeltaUnitedSun Country, whose low-cost passenger operation focuses on sun-seekers and other travelers visiting friends and relatives around the U.
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website